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Automotive News Archive10-Jan-2009Gas Prices Settle Still Lower For Weekend Average drops to $2.50 a gallon for regular unleaded Gas Below $3 Nationwide 36 states report price drop. BMW Owners Suffer Reversal of Fortune Certain models suddenly lose ability to back up. Global Auto Market Faces "Outright Collapse" in 2009 Sales recovery not expected until at least 2010. Agencies Unlikely to Swap Car Loans Because car loans typically are not assumable, agencies are unlikely to offer a driver a swap. Gasoline Prices Keep Falling Nationwide average is below last year's level. World's Top Chevrolet Dealership Closing Bill Heard closing its 13 stores as car sales slump.
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